SEC v SiliconSage Builders, LLC
Construction, Forensic Accounting, Property Sales
The Bottom Line:
[SEC v SiliconSagebuilders, LLC, et al.] Receiver of insolvent, full-service real estate developer with $300MM in liabilities and 12 diverse, incomplete projects.
Actions:
Marshaled assets. Reconstructed capital stack of each project to determine equity position. Completed underwriting for pending projects to determine best exit strategy. Working with lenders on completion and sale plans for 2 properties. Listed and received pending offers on projects with combined values exceeding $120MM. Closing sale of a townhome. Leading investor communications.